5-Month Liquid Business Certificate of Deposit from City National Bank
MONEY THAT WORKS AS HARD AS YOU DO
5-Month Liquid Business Certificate of Deposit
Annual Percentage Yield (APY)1
- Fixed rate for the 5-month term
- FDIC insurance up to allowable limits
- Auto-renewal option2
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Recognized for excellence in business banking by Greenwich Associates for 12 consecutive years.*
* Recognized by Greenwich Associates, a leading global financial services research and consulting firm. Based on interviews conducted by Greenwich Associates with executives at businesses across the country with sales of $1 million to $500 million.
11.61% APY is accurate as of August 7, 2019. APY is based on monthly compounding of interest and assumes interest remains on deposit until maturity. A different compounding frequency or withdrawal of interest may affect the APY. The 5-month liquid CD allows one withdrawal without penalty during the CD term if withdrawn after the 7th day of deposit. A penalty may be assessed for additional early withdrawal of principal. This offer is subject to change at any time. At maturity, the CD will automatically renew unless otherwise specified. Renewal will be at the interest rate and APY then in effect. For complete account terms and conditions, see our Account Agreement and Disclosures and Fee Schedule and Other Account Information: Business Products and Services.
2At maturity, the CD will automatically renew unless otherwise specified. Renewal will be at the interest rate and APY then in effect.